FRIDAY’S LINKS: Timing Bad for Tribune Sale?, Libby Trial ‘Serving a Useful Purpose’ for Journos, McClatchy Dips

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By: E&P Staff

In today’s links, the McClatchy stock trades at its lowest price in a year, speculation that Tribune’s sale is timed to undervalue its television properties, and an Irish newspaper is fined after a restaurant review is described as a “hatchet job.”

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Shares of The McClatchy Co. recovered slightly after dropping to a 52-week low in mid-day trading Thursday. (Sacramento Business Journal)

Although Tribune posted a 78% jump in profit, the market heyday for its TV stations is past. (Los Angeles Times)

Irish newspaper pays $49,000 for giving restaurant a negative review. (BBC)

David Ignatius: Charles Peters is one of the true revolutionaries in modern journalism. (Washington Post)

William Powers: Far from being an absurd hall of mirrors or a plague on the profession, the Libby trial is serving a useful purpose for journalists and their audience. (National Journal)

ABC’s Gibson: Old-style news is more vital than ever. (Chicago Tribune)

With information moving rapidly on the Internet from one point to another, Yahoo introduced a new service, dubbed Yahoo Pipes, to help users mix all those information streams together. (Red Herring)

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